Neto Blog

It’s official, Amazon is coming to Australia!

Since the publication of this article Amazon Australia has officially launched, for more information check out our latest blog post on the Amazon Australia launch.

Although an exact timeline for the Amazon entry has not been provided, in line with our mission to enable everyone to sell everywhere, our Amazon marketplace integration will be launching shortly. The integration will support listing, management of inventory and orders on the Amazon Australia marketplace.

There’s no denying Amazon’s arrival is going to have a huge impact - it’s estimated Australian’s already spend $700m each year on Amazon.com.au and Amazon’s overseas sites, and Citigroup’s Head of Research, Craig Woolford, estimates that Amazon’s Australian sales could exceed $4 billion within 5 years. That equates to 14% of total online sales and over 1% of total retail sales in Australia.

While, these figures cannot be ignored, they do not mean every retailer will suffer declining sales. If you proactively implement a smart sales strategy that takes advantage of the changing retail landscape, you may even see your sales increase.